Y Intercept Hong Kong Ltd Buys Shares of 5,794 SPDR S&P Aerospace & Defense ETF $XAR

Y Intercept Hong Kong Ltd bought a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 1st quarter, Holdings Channel.com reports. The fund bought 5,794 shares of the company’s stock, valued at approximately $1,472,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XAR. Corient Private Wealth LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2,023.8% in the fourth quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock valued at $123,908,000 after purchasing an additional 489,444 shares in the last quarter. CWM LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 2,668.1% during the 4th quarter. CWM LLC now owns 206,667 shares of the company’s stock worth $49,856,000 after purchasing an additional 199,201 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth approximately $46,032,000. Robinhood Asset Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $35,579,000. Finally, BNP Paribas Financial Markets raised its position in shares of SPDR S&P Aerospace & Defense ETF by 174.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 122,530 shares of the company’s stock worth $28,790,000 after purchasing an additional 77,870 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

XAR stock traded down $2.44 on Friday, reaching $271.45. The company had a trading volume of 299,474 shares, compared to its average volume of 275,507. SPDR S&P Aerospace & Defense ETF has a 1 year low of $208.77 and a 1 year high of $295.39. The company’s fifty day moving average is $274.85 and its 200 day moving average is $271.35. The company has a market cap of $6.18 billion, a P/E ratio of 35.83 and a beta of 1.00.

SPDR S&P Aerospace & Defense ETF Company Profile

The SPDR S&P Aerospace & Defense ETF (XAR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of US aerospace & defense companies. XAR was launched on Sep 28, 2011 and is managed by State Street.